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EU reaches agreement on reform of the common electricity market

The EU member states and the EU Parliament have agreed on a reform of the common electricity market. This was announced by Spain's Energy Minister Teresa Ribera, whose country currently holds the EU Presidency, earlier on Thursday morning following overnight negotiations. The agreement will...

Wind turbines near Toledo in Spain.aussiedlerbote.de
Wind turbines near Toledo in Spain.aussiedlerbote.de

EU reaches agreement on reform of the common electricity market

The European Union's energy ministers agreed on a reform project in October. In addition to the expansion of renewable energies, the project is also intended to offer consumers low electricity prices. Among other things, there were disputes during the negotiations about possible subsidies for existing nuclear power plants.

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The agreement on the electricity market reform, initiated by the EU, aims to promote renewable energies while keeping electricity prices low for consumers. This common reform project, achieved by the EU's energy ministers, also included discussions about potential subsidies for existing nuclear power plants. The reform's implementation and impact on the electricity market are expected to shape future energy policies within the EU.

Source: www.stern.de

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